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Weekly forecast TRON technical chart
Symbol TRXUSD

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateMarch 10, 2022 - 21:09
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.04650, resumption of uptrend is expected.
  • We make sure when the resistance at 0.07463 breaks.
  • If the support at 0.04650 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased.
  • A trough is formed in daily chart at 0.05540 on 02/25/2022, so more gains to resistance(s) 0.06650 and maximum to Major Resistance (0.07463) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 46.

Take Profits:

  1. 0.07463
  2. 0.09058
  3. 0.10050
  4. 0.11700
  5. 0.14850
  6. 0.16950
  7. 0.17900
  8. 0.21600
  9. 0.29500
Click on the level to view price action history.

Symbol Released Current Forecast
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
TRON (TRXUSD) Sun, 10 Mar 2024
TRON (TRXUSD) Mon, 4 Mar 2024
TRON (TRXUSD) free Sun, 25 Feb 2024